Yousif Capital Management LLC Reduces Stake in NatWest Group plc (NYSE:NWG)

Yousif Capital Management LLC lessened its position in shares of NatWest Group plc (NYSE:NWG) by 42.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,250 shares of the company’s stock after selling 27,000 shares during the quarter. Yousif Capital Management LLC’s holdings in NatWest Group were worth $379,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of NWG. Private Trust Co. NA boosted its position in shares of NatWest Group by 121.3% in the third quarter. Private Trust Co. NA now owns 2,735 shares of the company’s stock worth $26,000 after purchasing an additional 1,499 shares during the period. Hilltop National Bank bought a new position in NatWest Group in the 4th quarter worth approximately $29,000. Geneos Wealth Management Inc. purchased a new stake in NatWest Group during the 4th quarter valued at approximately $35,000. Wilmington Savings Fund Society FSB bought a new stake in shares of NatWest Group during the third quarter valued at approximately $33,000. Finally, Marks Group Wealth Management Inc purchased a new position in shares of NatWest Group in the third quarter worth $96,000. Institutional investors own 1.27% of the company’s stock.

NatWest Group Stock Performance

NYSE NWG opened at $10.85 on Tuesday. The business has a 50 day simple moving average of $10.41 and a two-hundred day simple moving average of $9.77. NatWest Group plc has a 1-year low of $5.46 and a 1-year high of $11.37. The stock has a market capitalization of $43.68 billion, a PE ratio of 8.22, a P/E/G ratio of 0.84 and a beta of 1.30. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 4th. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

About NatWest Group

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.